Musk buying twitter?

[classhandicapper]

So Musk doesn’t want the board seat that would have potentially limited his stock purchases. Does that mean he’s trading out of the stock or wants to buy a much bigger stake.

[tucker6]

Originally Posted by classhandicapper

So Musk doesn’t want the board seat that would have potentially limited his stock purchases. Does that mean he’s trading out of the stock or wants to buy a much bigger stake.

I can't see how it could be anything other than a buy signal. Honestly, Twitter's financials scream "takeover" from someone who thinks they can make it more profitable in fairly short order. Musk advocates two things, and both would improve twitter's bottom line immensely. They are 1) stop pissing off half the country with your brand of free speech; and 2) start charging for some accounts. Twitter is being overrun by tiktok and they need to wake up.

[tucker6]

Musk has just launched a $43B hostile takeover of Twitter. I guess Twitter employees will need another mental health day lol. The re-balancing of social media has begun.

[Corey]

Elon Musk has the rare combination of intelligence and courage, he recently said very brilliantly describing wokeness, “at its heart wokeness is devise, exclusionary, and hateful, it basically gives mean people a shield to be mean and cruel armored in false virtue”.

[PaceAdvantage]

It would be funny to see the libs whine and bitch as much as the conservatives did, as they flee to build an ALTERNATIVE to twitter where they can feel safe and monitored and censored 24/7

[Dave Schwartz]

Originally Posted by tucker6

I can't see how it could be anything other than a buy signal. Honestly, Twitter's financials scream "takeover" from someone who thinks they can make it more profitable in fairly short order. Musk advocates two things, and both would improve twitter's bottom line immensely. They are 1) stop pissing off half the country with your brand of free speech; and 2) start charging for some accounts. Twitter is being overrun by tiktok and they need to wake up.

While I love the direction, being NOT LIBERAL will still piss off half the country.

[jocko699]

Originally Posted by Dave Schwartz

While I love the direction, being NOT LIBERAL will still piss off half the country.

It's still fun to watch the game being played.

[xtb]

Originally Posted by classhandicapper

So Musk doesn’t want the board seat that would have potentially limited his stock purchases. Does that mean he’s trading out of the stock or wants to buy a much bigger stake.

Also as a board member, he could be sued for not working in the best interest of shareholders.

[davew]

TWIT board thinking of diluting stock, making it more difficult for Musk,


https://www.theepochtimes.com/twitte...26D6PAMQ%3D%3D

[tucker6]

Originally Posted by davew

TWIT board thinking of diluting stock, making it more difficult for Musk,


https://www.theepochtimes.com/twitte...26D6PAMQ%3D%3D

Sure, and then be faced with a myriad of lawsuits for not doing right by all the shareholders, who actually are the ones who own the company. The Board works for the shareholders and not the CEO/employees. Poison pills can and have been done but there are counter measures that can be taken and I am positive Musk had them lined up before he made his first move. This is a game of chess 9 moves ahead wins.

[classhandicapper]

Originally Posted by Corey

Elon Musk has the rare combination of intelligence and courage, he recently said very brilliantly describing wokeness, “at its heart wokeness is devise, exclusionary, and hateful, it basically gives mean people a shield to be mean and cruel armored in false virtue”.

100%

I would add that most people in favor of that kind of wokeness and cancel culture are among the most arrogant people on the planet. They are certain they are right about everything and every value. I’m 63 now and I’ve changed my mind on a whole range of topics along the way. So will they. They are just too arrogant to understand that.

[jocko699]

When will the first shareholder file suit against the board members? I'm thinking this week.

[xtb]

Originally Posted by jocko699

When will the first shareholder file suit against the board members? I'm thinking this week.

Indeed, the board is preventing a lot of shareholders from making a boatload of money.

[myohmyjustify]

Twitter has been a dying platform for years and has lost market share ever since a conservative alternative, GETTR, was launched last summer.

As far as I can tell, all Musk said was that he would like Twitter to be open to all forms of free speech. He is not some wild-eyed conservative. Actually, at times, he's called himself both a socialist and a moderate. LOL

Twitter CEO, Parag Agrawal, already said Twitter has, and would continue to, censor anyone they don't agree with politically. Agrawal said so publicly on the day he took over as CEO.

Twitter is trying to stop Musk from taking over the company yet Musk's the only one willing and able to save it.

Elon Musk should sell his shares as efficiently and quietly as possible, taking a small profit along the way. He doesn't need Twitter, Twitter needs him.

[Elkchester Road]

Originally Posted by myohmyjustify

Twitter has been a dying platform for years and has lost market share ever since a conservative alternative, GETTR, was launched last summer.

As far as I can tell, all Musk said was that he would like Twitter to be open to all forms of free speech. He is not some wild-eyed conservative. Actually, at times, he's called himself both a socialist and a moderate. LOL

Twitter CEO, Parag Agrawal, already said Twitter has, and would continue to, censor anyone they don't agree with politically. Agrawal said so publicly on the day he took over as CEO.

Twitter is trying to stop Musk from taking over the company yet Musk's the only one willing and able to save it.

Elon Musk should sell his shares as efficiently and quietly as possible, taking a small profit along the way. He doesn't need Twitter, Twitter needs him.